Distressed

Tupelo, Miss., Mayor Jason Shelton is outlining his administration's goals and methods as it ramps up a fresh focus on blight removal across the city's residential areas.

Foreclosure actions on Cape Cod are showing their first decrease in four years, aided by a red-hot housing market that's making it easier for distressed homeowners to offload their property before losing it to the bank.

Getting rundown or blighted properties renovated to meet safety codes and restored to the tax rolls is the goal of a program known as receivership, a report about which was presented to the Holyoke, Mass., City Council.

Over the past 20 years, 395 code violation cases with $4.46 million in unpaid fines have piled up at City Hall.

Foreclosure activity continued to slow last month in the Pikes Peak region.

Hundreds of homes and properties are neglected, abandoned or vacant across Staten Island, N.Y.

The largest single-family investors slowed their pace of acquisitions years ago, but plenty of smaller firms are picking up the slack.

At midyear, fewer than 1% of the homes in Sarasota, Manatee and Charlotte counties were stuck in the foreclosure mill.

The foreclosure rate in the Twin Cities metro is at an all-time low and is now one of the lowest in the U.S.

A Pierce County judge says a notorious Seattle landlord — not thieves — tried to profit from cutting wires throughout a vacant Tacoma apartment building and ordered him to pay $1.1 million.